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The March rebalance is announced in early march, so the 6 month...

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    The March rebalance is announced in early march, so the 6 month period for market cap calculations will be Sept-Feb.
    Back in Sept, share price was Around $1.50 contributing a much lower market cap than where we are now.

    The founders share holdings will be excluded, thus reducing the market cap used in the calculations by around 20%.

    Last rebalalance, the smallest company added to the ASX200 had a market cap over $ 850 mil.

    Thus we would need an average market cap at least $ 1 bil over the 6 months to be included.

    We are almost half way through the period and still well short of $1 bil. We would need to get to around $2 bil by Feb to have a good chance.
    That translates to a share price well above $10 by Feb.

    Better chance to have market cap above $1 bil from March onwards, getting us into the ASX200 in Sept.
 
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